Roots of Economic Crisis
Once upon a time, when the world was still on the gold standard, four men destroyed the financial order of things by engineering,...
Opinion
Credit Card Meltdown Hits Banks
Next up for ailing mega-banks: a credit card meltdown. No surprise here, really; Americans have overused credit cards for years, trusting always in...
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Social Security, Medicare Running Out of Money Faster Than Expected
Social Security and Medicare, Big Government’s two most cherished social-welfare programs, are running out of money far faster than expected, thanks to the...
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Cancerous Growth of Government
While every other major component of the economy is shrinking, government at all levels has grown to consume nearly half of America’s gross...
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Another Record-breaking Deficit Looms
It’s official: this year’s budget deficit will be one for the record books. The latest figures released by the Obama Administration contemplate a...
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“Prosperity Is Just Around the Corner.” Really?
Back in the bad old days of the Great Depression, the breezy assurance of the Hoover Administration that “prosperity is just around the...
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Pyramid Schemes Put in Perspective
The real rub of the Ivar Kreuger and Bernie Madoff sagas is that both men were caught doing precisely what governments do as...
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America’s GDP, Economy Shrink – Again
Despite rosy earnings reports from some closely watched corporations, the Great Recession is far from over, according to the latest economic data from...
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Did Bernanke and Paulson Commit Bank Fraud?
New revelations from the New York State Attorney General’s office have all but proven that Federal Reserve Chairman Ben Bernanke and former Treasury...
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Foreign Aid: Give ’Til It Hurts, Repeat
Item: The Washington Post for March 31 reported: “The billions of dollars spent in U.S. aid to Afghanistan over the past seven years...
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The High Cost of Cap and Trade
Cap-and-trade programs to control carbon-dioxide emissions are an unacceptably costly way to deal with the supposed problem of man-made global warming. ...
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Dave Ramsey’s Town Hall for Hope
Dave Ramsey on Thursday evening, April 23, held a town hall-style meeting in Oklahoma City that was webcast to about 6,000 sites, mostly...
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Obama’s Counterproductive Economic Plan
President Obama on April 10 emerged from a high-level meeting with his economic team and proclaimed there were “glimmers of hope across the...
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Credit Card Crackdown
Next up for the federal government: the credit card industry. Having already thrown trillions in taxpayer dollars at the banking sector, and having...
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20 Criminal Investigations for TARP Bailout
Neil Barofsky, special inspector general for the TARP, informed Congress April 21 that he has opened 20 criminal investigations and six audits in...
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